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. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful t
toward really slimming down citi by the new ceo. he has a quote in here saying these actions are logical next steps in citi's transformation and says they're committed to strategy that continues to leverage in the global banking market. if you go through the list of where these jobs are actually coming from, institutional clients group which is investment banking a quarter of the job cuts are going to come from there. my 2013 predictions i said that group would slim down by half. interesting that they are cutting a big chunk of that group. global consumer banking is responsible for 35% of the cuts and then going on through the other business lines like citi holdings, those are responsible for smaller portion of those jobs. citi getting smaller. a billion dollars going to be the pretax charge in the fourth quarter of next year. 11,000 jobs a big move from the new ceo over there. carl? >> all right. thank you very much, kayla. we're reading through the release right now ourselves. big strategic move. >> how many people work at this bank? i feel like they've been firing forever. citi did no
is in the hospital after a car went over a 400-foot cliff in daly city this morning. another passenger is okay able to get out of the car. it happened on 35 near olympic way. traffic was a mess but everything is open now. >>> another executive quits his job at the port of oakland after an independent investigation into expenses charged to the port. the probe found dozens of employees put questionable charges on the port credit cards. >>> got your traffic and rain on the way coming up. ,, ,,,,,, >>> good morning. a live look at the bay bridge, it's backed up solidly through the may see this morning. there is a stall reported near the metering lights so that's not helping the commute about 20 to 25 minutes to get on the bay bridge. the nimitz 880 through oakland looks good towards downtown. and once again a dense fog advisory issued by chp for portions of eastern contra costa. >> patchy fog out there now out the door. watch out for that especially in some of the interior valleys. but yeah, looks like the 30s and 40s right now. by the afternoon, only in the 50s and 60s. increasing clouds chance of ra
to massachusetts. also got the houston mayor to tell us how her city is preparing for a strike. futures still a little jittery here this morning. dow down 86. "squawk on the street" back in a minute. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> instagram users may have made good on their threat to dump the photo sharing app after the controversy over new privacy rules, according to app data in the "new york post." app data says that instagram may have shed almost 25% of its daily active users as a res
that rebels surround the city of damascus which has been an assad stronghold. secretary of state hillary clinton says that bash ar al assad is assad-of- could use chemical weapons to hold on to power and told cbs news, not clear she can negotiate an exit pnd tends to recognize the syrian opposition as the representative of the syrian people next week. that could start to pave the way for them to create a new government. >> very interesting. margaret brennan, thank you noor. >>> in washington this morning, just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, good morning. >> reporter: good morning, norah and charlie. later on this afternoon the president will travel across the potomac river to northern virginia to meet a middle-class family to make the self-evident point if the there is a deal and taxes are raised by about $2,000 they'll be
they do believe the greater the stranglehold they have on regime forces in the city of aleppo grows, the greater the likelihood is that in a desperate attempt to somehow either regain control or wreak mass havoc on the population, the regime would not hesitate when it comes to employing these types of weapons. and of course, when it does come to chemical warfare, there is very little if anything anyone here can do to protect themselves against that. >> well, that was the follow. do they have any defenses, are there any defenses and what are they doing to prepare for the prospect if they think that it's real? >> reporter: they have nothing. they have absolutely nothing. the people here have not had anything to begin with to protect themselves from the bullets and the bombs, and most certainly when it comes to chemical warfare, they have no defenses whatsoever, bearing in mind, too, that this is a population that is not just struggling with the violence and the ongoing strikes and artillery raining around them, it is also a population that is barely able to make ends meet. the prices
the cameras are rolling and you capture this craziness. >> amazing picture. my goodness. >>> oklahoma city police are looking for whoever put two pipe bombs on a truck. the driver found them attached to his fuel tank after he got back from a 400-mile trip. the truck reportedly was hauling rock. you can imagine what happened if this thing blew up. a bomb squad destroyed the explosives. >>> also new this morning, a medical chopper goes down in north central illinois, it was on its way to a hospital. three people on board all crew members, were killed. rockford memorial hospital told the chicago tribune that two nurses were on the chopper as well. no patients were on the chopper. >>> just 21 days until the tax hikes and spending cuts kick in. remember, congress is supposed to break for the holidays at the end of this week. here's the latest. house speaker john boehner and his aides were quietly conducting behind the scenes fiscal cliff talks with the white house. on capitol hill for one day at least, all was pretty quiet. posturing and finger pointing kind of stopped. cnn political reporter s
to an airport near mexico city. the wreckage is in nuevo leon. more from rafael romo. >> jenni rivera won two billboard music awards and sold more than 50 million records in a career that spanned just over a decade. not only that, she was also an incredible businesswoman. she owned a company that created and marketed her own music. a fragrance, jeans factory and also a -- a company that manufactured and sold some of her products some of she's very well known by mexican americans in the united states and just as popular in mexico. and you can imagine this morning, soledad, many are mourning her loss. >> so true. the kind of music she sings, it's called banda music what is that? >> it's a regional mexican music, heavy on brass. talks about the life of common, regular people. and it was appealing to mexican immigrants, especially in the state of california where she was born, soledad. so incredibly popular and she was known as the diva of banda. she popularized that genre of mexican music. >> sad story. thank you, rafael. appreciate it. >>> john berman back from vacay. welcome back. >> great to
city bombing where 19 children were killed. >>> is president obama's new proposal on the fiscal cliff the deal republicans were looking for? just how close are we now to avoiding those massive across the board tax hikes and mammoth spending cuts? we'll talk about that coming up next. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road sensors will talk to stoplights about traffic efficiency. the ambulance will talk to patient records will talk to doctors about saving lives. it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. the next big thing? we're going to wake the world up. ♪ and watch, with eyes wide, as it gets to work. ♪ cisco. tomorrow starts here. a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
. they were heading to an airport near mexico city. the wreckage was spotted in the mountainous northern state. we have more on the life of the singer jenni rivera. what can you tell us? >> good morning. she sold 50 million records, won two billboard music awards and was a star of her reality show and served as a judge on a popular talent show in mexico. hard-working until the end. she performed the last concert saturday night in monterey, mexico, hours before dying in a plane crash on her way to yet another commitment. [ speaking spanish ] they call her diva. and for anyone who ever saw her on stage, it was easy to see why. she sang heartwrenching song that's spoke to the common woman, especially mexican-americans. >> translator: every song, every lyric i'm thinking of them and how i can relate to them. >> reporter: jenni rivera was born in long beach, california to mexican parents, their story of humble origins. with an interview in cnn, she spoke about how she sold records at a los angeles flea market and how the family expected cans for the meager income they could bring in selling the met
're on our way to the only lgbt synagogue in new york city. we're going to meet in the new building although it hasn't been renovated yet. >> where is this place? >> there we go. >> now what you do by coming together in this fashion is by creating a model for others. so that others will know that it's on your shoulders they get to stand. to live the life of complexity and texture and with all of the messiness that it entails. love is possible. you may kiss each other and break the glass. >> maz he will to have. >> i still feel like me. it meant more than me. a lot of more than i thought it would. it's not for everybody. i promise to still fight to change what marriage is as well as its availability to those who want it. >> decades from now, anybody who is supporting doma will feel like a complete fool. we're very happy that more and more people are finally understanding that you're standing on the wrong side of history to support something that denies people civil rights and we know we'll soon be part of our history. >> to love instead of hate. >> everybody should have the ability to hope fo
an apartment, it was not that valuable. >> it's not practical for a new york city dweller, for instance. >> when you get houses, you see the mexican properties? i'm saying they're going up there. >> oh, really? >> yeah. if anybody wants one. >> available for weekend rental. >> semiautomatic weapon included. >> somebody stole it from me, he thought i was going to stop there, and let hem get away with it, and that's not really my style. >> would you kidnap jim cramer, david? i'm not sure. >> no. >> it would end there. >> it never ends. >> if the guy had done nothing, i would have said fib. but i found him -- no one has seen "taken 2." >> how could you not? what a great franchise. >> i know. >> she's been taken. >> really bad luck. >> when we come back, apple tv, microsoft surface tablets, we'll bring you the latest development regarding both of those. more from the deal book conference in manhattan, including an exclusive with lloyd feinstein. 11:00 a.m. eastern time. hanging on to gains. at the nyse, when we return. can i help you? i heard you guys can ship ground for less than the ups s
of volunteers work behind the scenes creating a 19twens version of new york city that envy broadway. >> people enjoy programs and good fam fam values and something they can take their fam fam, >> this is not an old church school bath robes and no flake. >> no, no, this is it a huge production . it is it all contempary and all different kinds of music and costumes and make up . ♪ andine though the singing christmas tree is it broadway quality there is a major difference. >> we hope that people will see a great show. but we talk about in the rehearsals t. is not a show for show's sake but telling the people good news of jes jes christ. if they come and remember the name of bellevie and a cast member, we missed t. but if they remember the name of jes jes christ and accept him in their life and let him change their lives. fam fams would be different and lives would be and that's our hope. that is a big show and this is mostly teenagers and young people that spend months preparing for the peck tackular show . 30,000 came to to watch t. >> what about the tree topper. >> usually a maul person . can
're looking at new york city right now where the weather is not nice. i believe the scientific term is foggy and nasty and gross. >> i kind of liked it this morning. i felt this burst of fresh air. >> you're strange. >>> 23 minutes after the hour. we're minding your business this morning. we could see a selloff in stocks today when markets open later today. futures are down sharply more than 1% for all three major indices. >> guess what's to blame? it's because of the impasse on the fiscal cliff talks in washington. >> and foggy, nasty, and gross is also the scientific term for what's going on in washington. that's probably what you're going to see on wall street this morning. i'm suspecting a triple-digit decline. world markets reacting to the fact that john boehner's plan b failed. you're not back at square one. they've laid the ground work for both positions. it's difficult here. we're at the end of the road. you've already seen basically fallout from fiscal cliff. let me tell you what you've seen. you've seen tax refunds, they will likely be delayed. payroll processors have already said
chickens in the two, three, four tier cities. they're equal to chicago, right? >> yeah. 200 cities in china the size of chicago, in terms of population. >> and those are small. >> can you imagine the lines at starbucks there? a cappuccino machine goes down, it could shut down the whole city. >> my daughter was asking, how did there come to be so many people in china? >> 200 years ago, i guess, that's a long time -- >> the nation building? >> i didn't have an answer. >> discovery will do us -- >> fill me in. i need to brush up on my -- >> but david faber isn't ignorant. his hair looks better. china, here's the story. >> hair looks better. then china better. relative issue. >> it's a relative issue. thank you. very nice. >>> let's check with mary thompson, on the floor in for bob pisani today. >> weakness across the board. weakness in the nasdaq, down about 20 points. the dow lost in early trade. a little more modest in the s&p, down 4.25%. traders saying the fiscal cliff headlines will continue to dictate trading. and here there was a little reaction in the futures market ahead of today's op
be careful on the roadways. snow showers and flurries could make it into the boston and new york city area but the i-95 corridor is not expecting any accumulation. enjoy the quiet weather because monday and tuesday forks christmas day, messy weather across portions of the northeast. first out west, this is where we have a storm picking the region right now with strong winds, the lower elevation rain and we're talking feet of snow across the sierra. good news for anyone wanting to do skiing but if you are doing traveling out on the roadways on interstate 5 or parents we're talking about delays possible not just for today but even as we head into tomorrow with yet again another area of low pressure. it will be producing more snow, more rain and more strong winds across the west. big issues along west coast but tomorrow, we'll start to see rain in the southeast spreading into tennessee and ohio valley. by monday, christmas eve the northeast dealing with more rain and some of you will be cold enough for snow, temperatures, 31 in cleveland and 32 in chicago and 27 in the city of minneapolis. he
this weekend. >> the new york city's children's chorus opened the show singing "silent night." ♪ silent night holy night ♪ ♪ all is calm all is bright ♪ ♪ round yon virgin mother and child ♪ >>> and coming up, a cnn exclusive. we're going to hear from the family of the sandy hook elementary principal who lost her life trying to confront a killer. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. >>> welcome back to this special edition of "early start" this morning from newtown, connecticut. she was
's 1994 levels. >> that's a big part of morgan stanley's call on citi today. from overweight to equal weight. consumer deleveraging in their view coming to an end. and the more clarity on regulations. we are exiting this really weird period of uncertainty. rules come into focus. and if these consumer balance sheet numbers are right. next year could look different, jim. >> yes. there are a lot of assets -- look, a lot of bad loans that are becoming good loans. citi was always relatively opaque. i tried many, many times to penetrate citi holdings, which is the legacy of the core running it now. it may be good. i mean, pandit always promised me the money in holdings was money good. if you go to the book value of companies like morgan stanley, 9% of book -- i mean, in other words, what i'm saying is, xlf, look out. 14 to 16 from june to now. but it could go back to a much higher level. >> you wonder about the nominations to treasury, good time to get out of the business. righting the ship, moving on to something else? >> elizabeth arden, now senator-elect on the banking committee, has alw
's an epidemic, the president can't ignore. and just revealed the best city for men, we'll tell you ahead and what that means just ahead. ♪ help me, i'll take you there ♪ ♪ come on, i said come on, i'll take you there ♪ ♪ hey ♪ it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management ♪ >> welcome back, time for news by the numbers. 22,000 how many job applications delta received for just 300 flight attendants jobs. officials say they received two applications every minute after posting the position online. bye-bye. 48 years how long they thought they were married before they found out the marriage was never legal. they just made the marriage legal after the license was never turned in after their wedding. i wonder whose fault that was, left it on the mantle. finally, 100 the number of cities vying for the best city for men, ratio men to wom
the straight equities business. der riff city was the key. >> people want to believe this is not going to be the latest in a chain of squelch deals, denied deals. you think this one -- >> this one does not appear to have any hair on it when it comes to antitrust. >> nationalism. >> two u.s. companies. two u.s. companies. unless you want new york versus atlanta. that could be -- >> we did that. >> atlanta, the financial capital of the world. not the same ring to it. >> oracle buys a company. yesterday, merkel buys a company. today -- >> angela merkel bought a company? >> play that out. the insurance business. gardner denver perhaps. david -- >> yeah. >> this is deal mania. >> mention arris, trading up again, double the size of the -- what is happening? >> ge this week. >> potentially, the italian enginemaker. >> the fiscal cliff, result supposed to be frozen? aren't we supposed to be paralyzed? >> i guess the clock ran out on everybody saying we can't do anything? >> this is huge for us. >> i don't have a legitimate answer for you. none of these transactions are going to close this year
. but found there were few total cancers. the study done by the city's health department is largest done. >> steve: police are still searching for a yet to be relieved version. stolen from a car in fran last month. they caught the suspects breaking in the car and stealing the hard drive. and police arrested them and found the loot of the stolen good did not find the movie. >> gretchen: no one saw it coming, notine the conductor. that looks like something you will see in universal studios it knocked the freight train right off of the trackings 7 cars were derailed and no one was hurt. >> gretchen: why were they taking a picture of the top of the hill. >> brian: i am not sure. look at the weather. right here muchment in the central plain states. cusee the activity in kansas and oklahoma and texas. that over the next couple of days is going to develop in a full bloin blizzard believe it or not all the way from portions of colorado through kansas, nebraska and iowa and michigan and will have inch or two and some spots with a foot and half and going to be heavy and heavy wippeds and rains and
. ...but you still have to go to the gym. ♪ the one and only, cheerios >>> you're looking at new york city right there. >> is that ice rink? >> i hope they're not skating now. that would be spooky at 5:30 a.m. skating. that's a nice shot. and they'll be skating over the course of the day. it is your lucky day. why? christine is minding your business this morning. >> stock futures are up a little bit. worries of the fiscal cliff are still around despite upbeat data yesterday. mildly positive data in the u.s. the s&p 500 snapped a six-day winning streak yesterday. in part because still concerned about progress in the fiscal cliff. if congress fails to reach a deal on the fiscal cliff, more than two million long term unemployed americans will see the federal jobless benefits disappear come january 1st. long term employed, those out of work for 40 weeks or more currently make up 40% of the unemployed population. many will lose federal benefits. they serve as a life line to many of the people that have been out of work for so long. and of all the fiscal cliff issues, there's one that many middl
. let's take a look at the "morning papers." we start with our parade of papers, "the kansas city star." andrea, chime in here. despite a dramatic appearance from 89-year-old former senator bob dole, the senate failed to pass a u.n. disability treaty by just five votes. combat veterans like senators john mccain and john kerry delivered impassioned speeches, but dissenting voters said the treaty could pose a threat to national sovereignty. this is a stretch. more than 150 countries have signed the treaty designed to create unilateral rights for people with disabilities. it's actually based on america's ada act which bob dole helped pass more than 20 years ago. and you know, andrea, watching this american hero on the floor, a guy who is disabled, left part of himself, as he has said and others have said, on the battlefields of western europe, coming in and making a plea. i'm really surprised that this was killed by fringe concerns, fringe, fringe concerns. >> and it was, in fact, his fellow senators, several of the people who served with bob dole, who were the key votes here. and john ke
. des moines, kansas city, lincoln, 40 to 50-mile-per-hour wind gusts. this access of the strongest winds moves into green bay, madison and chicago tonight. so chicago at about 7:00 is going to see the snow begin. it's going to change over from rain to snow at about 7:00 and then notice with this it may be tight, but look at this pressure gradient. this is where this incredibly strong winds are. this is kind of phase two of the storm. we had strong winds and snow. now more snow, stronger winds. by thursday night there's the snow tonight in chicago moving eastward. you can see tomorrow morning right along the 95 corridor, that's where we'll see rain and rain only and it moves out by tomorrow afternoon. >> thank you for the update. >>> there are only 12 days to go until we hit the fiscal cliff or go over the cliff. negotiations seem to be at a stalemate. optimism that was in the air a little bit earlier this week has now vanished. president obama and the house speaker john boehner seem to be butting heads and the rancor could be worse today when the speaker puts his plan b up for a vo
the new york city police officer offered a homeless man a pair of boots on a cold night. or a tennessee boy who helped his brother complete in a triathlon and who could forget this libyan child who doesn't believe in hate holding a sign apologizing for the embassy attack in benghazi. so much to be thankful for even in this very difficult time. we continue our coverage of the connecticut elementary school shooting right now. >>> good morning, everyone. i'm john berman. we're in newtown, connecticut, this morning. >> i'm kate bolduan. you're watching our continuing coverage. it feels like we've been here a long time just trying to figure out what's going on with the story. president obama will be coming here later today and meet with some of the victims' families and we're told he will speak at a vigil being held tonight. meanwhile, the community is grieving. we saw more vigils here last night really moving vigils. 20 children and 6 adults died in friday's shooting inside sandy hook elementary. we should begin hearing the first funeral plans for some of the victims very soon. we also want
. >> can i say this quickly? go ahead. >> no, at the meacham residence in music city, usa, nashville, firsthand experience on this, people knock on his front door, and he sits by the fire in a cardigan sweater. do you or don't you? and people knock on the door. >> with cigars. >> little schoolchildren with their school books tied up with a belt. >> yes. >> and they come up and they say, mr. meacham, would you sign a book for me? and they come in and he signs books by the fire. >> that is true. >> he's huge down there. >> thank you. >> do you know why willie was there? >> why's that? >> he was being inducted not into the overall vanderbilt hall of fame but the student media hall of fame. at vanderbilt. >> what does that mean? >> it's a proud group. name grantland rice mean anything to you? >> looking at me, la ti freakin' da. >> i meant that as a compliment, people knocking on the door just for a moment with jon meacham. >> by the way, they are still clapping from election night. >> good. they're not upset about the alcohol problem? >> no, no. but the last question i got was, who on t
of all political persuasions. new york city mayor michael bloomberg called the press conference a shameful evasion of the crisis facing our country. new jersey governor chris christie told reporters that armed guards won't make schools any safer. and senator-elect chris murphy of connecticut tweeted this earlier today. walking out of another funeral, he was handed the nra transcript. the mote revolting tone-deaf statement i've ever seen. indeed. right before wayne lapierre delivered his remarks, a gunman shot and killed three people in pennsylvania. one of the victims was a woman, hanging up christmas decorations in a church. let's turn to virginia congressman jim moran. congressman, good to have you with us tonight. appreciate your time. always good to have you with us, jim oranges this program. thank you. >> thank you, ed. >> what is -- what do you make of today's press conference, the reaction of the national rifle association? >> well, wayne lapierre works for the gun manufacturers. he really doesn't represent the majority of the members who are far more sane and responsible
in new york city and so is our kayla. >> hi, sue. a slate of heavy hitters throughout the morning. and the day is only half way over. well tell you what they said about the fiscal cliff and innovation coming up after the break. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] when it comes to the financial obstacles military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. [ male announcer ] how could a luminous protein in jellyfish, impact life expectancy in the u.s., r
. and then by tomorrow morning, you can see it begins to move into the upper midwest, milwaukee and madison, kansas city still on the back side. and now not only is this really a veracious snow maker, chicago finally gets into the snow 1 to 3 inches, but an incredible amount of wind with this. that's why blizzard watches and warnings are posted. also today, we do have maine getting into some snow, but that first system makes its way into northern new england from thursday into friday with another 6 inches. more on that coming up. >> all right. a veracious snow maker moving through the plains and midwest. thank you so much. >> everybody who wanted snow, right? there you have it. >> yeah, be careful what you you wish for. >>> take a look at this incredible video of a mud slide. this is near everett, washington. knocking seven passing railroad cars right off of their tracks. looks like toy cars i, right? it knocked out amtrak service in the entire area. it was caused by a rain soaked 100-foot cliff that engineers were planning to check right after the 66 car train passed through. this was just the latest o
's up tonight? >> i have citi national. this is a boutique bank based in california making money for people. i have to find out. they have big business with the ports in california. they also are worried about the fiscal cliff. i have known russell for years. >> we'll see you tonight. >> thank you. >> 6:00 and 11:00 eastern time. the president meeting with governor this is morning about the fiscal cliff. two former governors will offer their perspective. plus, more on what bank of america's brian moynihan told becky this morning. more "squawk on the street" in just a moment. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some o
's a commuter city. all of a sudden it's in the foreground and sandy is the biggest tragedy in the kurnt for a lot of people and who is leading it this big guy with a real jersey attitude. every time we talk to him now we're talking president. >> there's a reason all those wall street financers were begging chris christie to run last time, because they thought he could win and i think if he had run this time, he had -- he could have got all those blue collar guys in michigan, all the blue collar guys in ohio, all the blue collar guys in wisconsin. he's a blue collar guy and he would have won the south anyway. he would have been a great candidate. the question is is -- >> when did you start saying this? >> i said it on your show. the question is in four years can he maintain that. >> let's not talk about four years. let's talk about right now. don't do that. don't do what you just said. this is what it looks like right now. >> right now he would be a great candidate. >> shrummy, let's talk about culture. you're a student of popular culture. something says to me it's jersey's turn. it just
innocent children and other adults in cities all across the united states of america, and some reasonable regulations and some reasonable gun safety training and trigger locks and lockers and providing programs for those who may have some mental health challenges, but there is no reason for a civilian to have an automatic weapon. >> here is another point of view. you talked about people having a right to their own opinions. take a look at what u.s. congressman louie gohmert said about what would have prevented those deaths in newtown, connecticut. let's watch louie gohmert in action here. >> i wish to god she had had an m-4 in her office locked up so when she heard gunfire, she pulls it out and she didn't have to lunge heroically with nothing in her hands, but she takes him out, takes his head off before he can kill those precious kids. >> mark, and then mayor nutter, the argument from the nra side, not yet official but from that point of view on the gun owner's side is if we only had more people with guns, including teachers and school officials packing heat during school hours, that we
, avtivision, the city commerce division is studying video games and their impact on children and in wake of president obama's speech about gun control, the thought we might see more scrutiny in games. seeing the declines for take two, worse 4.2 percent and the rest following suit. sue, back to you. >> thank you. >>> another probe into a giant hedge fund. this one with their top portfolio manager. >>> then general managers buys back 200 million shares from the filibusters. >> it means a nice pop in gms. perhaps the best they have seen in a long time. how long? we will show you the last time they traded at this level when "power lunch" returns. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed t
states, but cities as well. rahm emanuel, guns are a huge issue in chicago, given the recent spike in murders there. >> we touched on this earlier in the hour, that the nra is going to be holding a news conference on friday. they did release a statement yesterday expressing shock and sadness, quote, the nra is prepared to offer meaningful contributions to help make sure this never happens again. i guess the question is what does meaningful contributions mean? is there any indication of that? >> no. the nra is a very close circle of people. we won't be hearing a lot in news leaks about this kind of thing. it is very hard to determine what they mean. in the past, they have not really been -- they haven't been willing to give any wiggle room at all to a lot of their policies. they have been very clear. there is not a lot of gray area in the kinds of things they advocate for. we have no idea what they mean by these contributions on friday. we have no clue that they're going to say. >> we'll have to wait and see. thank you. good to see you. >> thank you. >>> the search for a motive in t
with mutual friend of ours who is a retired new york city police officer. so, you know, he taught her how to shoot, she was very responsible with the gun. she was very responsible person in general. especially in terms of safety. >> and she took the boys to the shooting range. that's been talked about. she did take them to the shooting range. >> from what i understand, yes. >> and what did you want to say about that? >> again, i guess i want to just mimic russ as far as her safety. nancy wouldn't even answer a phone or a text or even look at her text in the car. if i got in her car, it was oops, seat belt, at the first ding. or before the ding happened. so she was just very careful and cautious and responsible. and in regard to, you know, leaving anything out, as far as a gun, just -- i can't believe that she would do that. >> sebastian, what do you think? tell us about your memory. >> my memories of her, she was a very dignified woman. she had a lot of class. very proper. had a great moral compass. we just saw her, what, three weeks ago, my place, and i left and didn't say bye and she se
volumes this morning as the nation and the city of newtown remembered what happened one week ago today. rain drops, only rain drops were heard during this moment of silence. firefighters there in newtown, paying tribute to the 20 children, the 6, the 7-year-olds and the seven adults gunned down, for reasons we may never know. the reflections began at 9:30 this morning eastern time. the time that first call came in to 911. at least 29 states held a moment of silence, put their flags at half-staff. parts of the internet went silent. video gamers put down their consoles in unity and bells across connecticut sounded for each killed at sandy hook elementary school. [ bells tolling ] at the episcopal church in newtown, 28 tolls rang for each life lost, including the shooter's. 28 there. when the bells were still, the remembrances began. one inside the capital building in hartford. ♪ amazing grace how sweet the sound ♪ ♪ that saved a wretch like me ♪ ♪ i once was lost but now i'm found ♪ ♪ was blind but now i see ♪ >> the first lady also marked this day in a letter to newtown.
in the city. >> details. >> will it ever? >> it will. in fact, you know what? there is a chance that new york city just a little strip maybe even towards boston a little snow christmas eve night into christmas morning. not a major snow but a little bit of snow that will put people in the mood. better chance for a bigger snow he though wednesday and thursday. a couple days after that take a look at that put up the graphics. show you this little storm. there is cold air that will be in place boy monday across the northern plains. move forward into tuesday. and that cold air that's represented in the blue dives down towards the south. that green that is precipitation. your snow nice as long as you don't need to get out on the roads. move forwards to wednesday that storm strengthens and pulls out ohio valley and northeast. the exact track of the storm still too early to say. at this point models are being a little more consistent and looking like we could be dealing with a significant snow again across the ohio valley and into the northeast wednesday and thursday. here you go. here is today thoug
city mayor mike bloomberg had this to say yesterday. >> gun violence is a national epidemic, and a national tragedy. that demands more than words. we are the only industrialized country that has this problem. in the whole world, the only one. and that's why we need immediate national action from the president and from congress. it should be at the top of their agenda. >> our next guest says she's taking immediate action, congresswoman sheila jackson lee, a democrat from the state of texas, currently working on a new bill that she says could prevent more horrific mass murders. nice to have you with us, congresswoman. appreciate your time. the president as i mentioned when we started this segment, has asked the vice president to sort of lead what his cabinet will be coming up with, some ideas, and hopefully good proposals on how to end the violence. you said there should be an immediate ban on all assault weapons. give me -- what would be covered under what you have in mind? >> well, first of all, let me, again, offer my deepest sympathy to the families of those beautiful chil
of damascus the capital and rebel forces are said to be trying to capture the city's international airport. margaret brennan has just returned from covering secretary of state hillary clinton's trip to ireland where she discussed syria with her russian counter part. margaret, good morning to you. tell us about the fighting to seize the airport. >> reporter: well, it's really heating up rebecca. it's raging inside the capital as rebels terrorize to seize the airport and cut off the regime's supplies. the russian's, one of bashir al assad's remaining allieses and u.n. officials don't believe the syrian president can survive this war. that is why there's this new diplomatic push to prepare a new syrian government. secretary clinton and the russian foreign minister agreed to revive a road map for a political transition. it calls for elections that include candidates from the syrian opposition. yesterday secretary clinton acknowledged it's going to be hard to do that while the violence is still raging. >> margaret what's the next step in the diplomatic efforts to resolve th
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